The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
I'm really helped with the tutorials. The problem is that I'm confused with the depreciation because I thought it will be one million instead of one thousand because it has a useful life of ten years.
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
I did not get, why you twice took 200 ? from time 10.37 , then you have 1600 balance per 1 year?? NON Current liability 1600 and current liability 200??
Please ask in the Ask the Tutor Forum on our website (it is all free of charge!) because our tutors do no monitor comments here. They always answer questions in the forums 🙂
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
@@aineuigeon5473 the adittional split is done when reporting year just to give information of what will happen in year 2. , so it's done in a descriptive way. 1800 represents the amount of grant income that has not yet been recognized in the profit and loss statement. For the upcoming year-year 2-you will recognize another $200 of the grant as income. This $200 is considered the current portion because it will be recognized within the next 12 months. It is classified as a current liability on the statement of financial position.The remaining $1,600, which will be recognized as income in years 3 to 10, is considered the non-current portion. This is because it will not be recognized within the next 12 months. It is classified as a non-current liability on the statement of financial position. So, at the end of the first year, the deferred income of $1,800 is split into: Current portion: $200 (to be recognized in year 2) Non-current portion: $1,600 (to be recognized in years 3 to 10) This split is done at each reporting date to reflect the timing of when the grant income will be recognized in the profit and loss statement.
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
I am enjoying each of your lecture its simple and very very effective. Many many thank you sir. From India
man you passed ?
I am enjoying each of your lecture
Big thanks for this explanation! It was so clear!
You're very welcome!
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
thank you. now i have a clear understanding
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
Thank you
What about the bank/cash …shouldn’t we record in the SFP under CA?
I'm really helped with the tutorials. The problem is that I'm confused with the depreciation because I thought it will be one million instead of one thousand because it has a useful life of ten years.
Yes, it is 1m, but he wrote the numbers in thousand. Ex: 1,000 means 1,000,000.
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
thanks chris
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
What if there was a residual value…how should we release the grant??
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
I did not get, why you twice took 200 ? from time 10.37 , then you have 1600 balance per 1 year?? NON Current liability 1600 and current liability 200??
Please ask in the Ask the Tutor Forum on our website (it is all free of charge!) because our tutors do no monitor comments here. They always answer questions in the forums 🙂
He just took example that next year we hve to show 1600 in sofp...200 dep in sopl..like that!
@@ishikalohia6593 he didnt take twice right? he just split the 1800 into ncl n cl, right?
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....
@@aineuigeon5473 the adittional split is done when reporting year just to give information of what will happen in year 2. , so it's done in a descriptive way. 1800 represents the amount of grant income that has not yet been recognized in the profit and loss statement. For the upcoming year-year 2-you will recognize another $200 of the grant as income. This $200 is considered the current portion because it will be recognized within the next 12 months. It is classified as a current liability on the statement of financial position.The remaining $1,600, which will be recognized as income in years 3 to 10, is considered the non-current portion. This is because it will not be recognized within the next 12 months. It is classified as a non-current liability on the statement of financial position. So, at the end of the first year, the deferred income of $1,800 is split into:
Current portion: $200 (to be recognized in year 2)
Non-current portion: $1,600 (to be recognized in years 3 to 10)
This split is done at each reporting date to reflect the timing of when the grant income will be recognized in the profit and loss statement.
The sound of the videos is not good
The Nation Grant are helping people now for the new year 💰 they are making funds available to groups and organizations to help people,throughout the campaign,they are giving everyone that works or not working a grant from $80k upward to assist everyone....